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✉news BusinessStartups first seen 11 h ago, last 38 min ago, peak #1

Amazon in talks to buy Israeli AI startup Decart for $7 billion

Original: Amazon emerges as potential buyer of Israeli AI startup Decart at $7 billion

Amazon is reported to be a potential buyer of Decart, an Israeli AI startup, in a deal valued at around $7 billion. Decart develops real-time generative AI models and video-generation technology, making it one of the more prominent Israeli AI companies of recent years. If completed, the acquisition would rank among the largest purchases of an Israeli tech firm and signal continued big-tech appetite for generative AI assets.

Why now: A potential multibillion-dollar acquisition by a major US tech company of a leading Israeli AI startup is major news for the global AI and tech industries.

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